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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore MAS 12-Week Bill Auction fell to 1.43% in May 2026
FMPMonthlyReleased June 2026
Singapore MAS 12-Week Bill Auction fell to 1.43% in May 2026, released June 2026, down 0.1% from April's 1.53% reading.
Latest Release
1.430000
Actual
—
Consensus
1.530000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
MAS 12-Week Bill Auction (Singapore) was reported at 1.43% in June 2026. The reading fell from the previous value of 1.53%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 1.49%, ranging from 1.31% to 2.09% across 46 releases.
WHY IT MATTERS
The trailing three releases averaged 1.45%, up from the prior three at 1.41%. Volatility over the past year (σ 0.18%) is lower than the prior year (σ 0.44%). In June readings over the past 3 years, MAS 12-Week Bill Auction has averaged 2.73%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 2026. Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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MAS 12-Week Bill Auction - SG
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About MAS 12-Week Bill Auction — Singapore
DEFINITION
The MAS 12-Week Bill Auction is a financial indicator used by investors and analysts to track the short-term borrowing costs of the Singapore government. This auction is held every 12 weeks and involves the issuance of 12-week Treasury Bills, which are considered low-risk investments. The results of this auction can provide insights into the current market demand for Singaporean debt and can impact interest rates and overall market sentiment. This indicator is closely monitored by financial professionals as it can provide valuable information about the strength and stability of the Singaporean economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 1.43 %. Prior reading (Jun 2026): 1.53 %. Before that (Jun 2026): 1.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.